The Decade’s Top 10 Craziest Things That Didn’t Get Built in NYC

guggenheim projectOur end-of-decade retrospective has already included a list of the city’s best architectural additions (as well as some close calls) and an examination of the 20 biggest residential real estate deals. Now for something completely different: complete failure! The building boom changed the city skyline forever, but plenty of projects never got off the ground. We ranked our favorite cold cases, the emphasis being on the craziest of the crazy. The stuff that’s hard to imagine existing anywhere but on paper. All of the projects were expected to be completed this decade or at least well on their way. All, whether the parties involved admit it or not, are kaput in their current form. Disagree with our rankings? Hate that we left something out? Make yourself heard in the comments. Now on to the fun! Read the Full Story from Curbed…

Upper East Side 1bed w/ Backyard $525,000

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HUGE PRICE REDUCTION!! A 400sf private oasis right in your backyard awaits you! The gorgeous landscaped garden facing south also has a raised deck for ideal entertaining. As soon as you walk into this finely appointed duplex home an open chef’s kitchen and gracious living room welcomes you. The living room is highlighted with a wood burning fireplace, exposed brick, high ceilings, and crown molding throughout. As you descend down the stairs, you will find an area perfect to be a home office right before heading out to your garden sanctuary and the bedroom is idyllically located in the rear for an absolute quite retreat. Immaculately maintained, this intimate pre-war building also has a laundry room which can be found right outside your door. Located in a neighborhood rich with culture- you’re steps from Central Park, Museum Mile, shops, and popular restaurants. What’s more, the location is conveniently near the 96 St Subway stop on Lexington Ave as well as the 2nd Avenue line scheduled for completion in 2012. This is truly a one of a kind opportunity.  Call Joe D – 646-244-8555.

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Graph: Current Recession vs. Previous Ones

recessionchart“IT’S A RECESSION WHEN YOUR NEIGHBOR LOSES HIS JOB; IT’S A DEPRESSION WHEN YOU LOSE YOURS.”– Harry S. Truman.

Very true words indeed – and last week brought some market action when Fed Chairman Ben Bernanke discussed the recession, commenting that our economic recovery still faces “formidable headwinds.” As you can see in the chart below, the current recession we have been in has been the longest in nearly half a century.

Sample Reference Letters

reference_letter2 Sample Reference Letters for Co-op/Condo Board Packages.

Co-op Board Interview Tips

PEARLS OF WISDOM BEFORE YOU GO BEFORE THE BOARD

DO’S

  1. Bring your copy of the board package with you.  Be familiar with it – especially your financials. Do not lie about anything – if you lie, you are doomed!
  2. Get there early.  It will give you a chance to compose yourself. Do not be late; you will be off to a bad start.
  3. Dress appropriately.  Men:  suit and tie.  Ladies:  business attire, no flashy jewelry.  Conservative dress is the key.
  4. Be prepared to answer questions – that’s why you are there.  A frequently asked question is “Why did you decide to buy in this building?” Have an answer ready.
  5. Keep your answers short.  Don’t ramble on.  Just answer what is asked.  Make eye contact.
  6. Do decide who will handle what so you are not talking at the same time.  Do be nice to your partner, no matter how nervous you are; the board doesn’t want to see you argue.

DON’TS

  1. Do not discuss anything personal while you are waiting.  Doormen hear and report back.
  2. Do not ask the board questions unless they say “Do you have any questions?”  Try not to have any questions – ask your broker, he/she will get you the answers.  Do not ask if they plan to renovate the lobby, the halls.  You like their building just the way it is.
  3. Do not discuss any major renovations you want to do.  However, if the board asks if you plan to do any, don’t lie.  Say you are considering some but understand that you will have to get board approval before proceeding. Don’t go into detail.
  4. Don’t get defensive if their questions seem personal.  “Do you have many parties?”  “Does anyone besides your family live with you?”  “Do you smoke?” When you live in the building, you will understand why they asked, so for now, just be calm and polite.
  5. Don’t surprise the board:  you have a cat, you have a dog, an extra family member who is going to move in.  All of that should have been settled before the board meeting.